Overview

• The roundtable is scheduled for August in Canberra and will be a dramatically smaller affair in the Cabinet room to focus on outcomes over spectacle.
• The meeting will bring together business, union, government and community-sector representatives to test appetite for broader reforms and build social licence.
• Treasurer Jim Chalmers has ruled out inheritance taxes and any change to family home tax arrangements and is considering a levy on unrealised gains in superannuation accounts over $3 million.
• The five-pillar agenda spans creating a dynamic economy, investing in a net-zero transformation, developing workforce skills, harnessing digital technology and delivering quality care efficiently.
• Former Treasury secretary Ken Henry has recommended reducing reliance on labour and company taxes and applying a uniform levy on different forms of capital income.